# NIAGARA'S CHOICE
Niagara Falls, NY · NCUA charter 8693 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/niagara-s-choice-8693

Who the members are: federal charter, community charter, organized 1953, low-income designated. 21,796 members of 1,185,000 potential (1.8% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $263.7M |
| Members | 21,796 (-2.1% YoY) |
| Full-time staff | 55 |
| Net worth | $28.3M |
| Net worth ratio | 10.7% (p42 of band) |
| ROA (annualized) | 0.61% (p43 of band) |
| Total delinquency | 0.87% (p72 of band) |
| Net charge-offs (annualized) | 0.17% (p25 of band) |
| Loans / shares | 63% (p27 of band) |
| Cash / assets | 10.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.65% (p56 of band) |
| Operating expense / assets | 3.64% (p47 of band) |
| Vehicles % of loans | 33% (p50 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 31% (p35 of band) |
| Vehicle delinquency | 0.47% (p42 of band) |
| Vehicle NCO | 0.07% (p11 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 51% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 5% |
| Core shares % of member funds | 87% |
| Certificates % of member funds | 0% |
| Average share balance | $5,816 |
| Participations bought / yr | $5.3M |
| Participations sold / yr | $0 |
| Participations outstanding | $8.7M |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $17,242 |
| Loans granted, annualized | $30.1M |

## Participation posture (from the same filings)

Bought $5.3M and sold $0 in the latest annualized quarter; $8.7M outstanding purchased (30.7% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 0.7% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 2 | thin capital |  |
| 2016-09 | 2 | net worth falling | delinquency 2x band |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | delinquency 2x band |  |
| 2017-09 | 1 |  | net worth falling, delinquency 2x band |
| 2017-12 | 3 | delinquency 2x band, delinquency rising |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 2 |  | delinquency rising |
| 2018-09 | 2 | delinquency rising | thin capital |
| 2018-12 | 1 |  | delinquency rising |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 4 | thin capital, net worth falling, margin squeeze |  |
| 2021-06 | 4 | charge-offs p90 | net worth falling |
| 2021-09 | 4 |  |  |
| 2021-12 | 3 |  | delinquency 2x band |
| 2022-03 | 0 |  | thin capital, margin squeeze, charge-offs p90 |
| 2022-06 | 1 | delinquency 2x band |  |
| 2022-09 | 2 | members leaving |  |
| 2022-12 | 3 | delinquency rising |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 1 |  | members leaving, delinquency rising |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | assets shrinking |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 1 |  | assets shrinking |
| 2024-09 | 2 | assets shrinking |  |
| 2024-12 | 0 |  | delinquency 2x band, assets shrinking |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 1 | net worth falling | delinquency rising |

## In the news (Google News, unfiltered, newest first; check the city)

- 2020-10-21 [Niagara’s Choice CEO on the role of credit unions in rebuilding communities - The Business Journals](https://news.google.com/rss/articles/CBMikgFBVV95cUxQVjJXZ0VLbFIwT252MEFhemZZckNURlBOa0REdms5a19IN2VJWjhfY0ItUG5qRVNVUjZfaDd4b0dYdGxMVUZabFcxa3E4YnRxM0JINUxiTmw0d2tZMkVJUk1uSGpIelpVT19kYlVibkdzX3pVSWZlRTZnR0JUTHpPZDNxNjUwdktWQlRoaFRWbUwwUQ?oc=5) · The Business Journals
- 2026-02-01 [Gregory B. Greer Obituary Jun 24, 2014 - M.J. Colucci & Son Niagara Funeral Chapel](https://news.google.com/rss/articles/CBMicEFVX3lxTE85NnBrSTZKTmNnc0RZOXdVUEFYczFKbV9XYWlDTDBFbG9FLWVSMDVIcGIxSEtCRVd5dTBwTmtSY0NXS2NPTmgyTlVCOUlqX2RoZG5jTEtwOEVidXJQRHZmeTJkb3EzcEdCWEhFNWtQcnI?oc=5) · M.J. Colucci & Son Niagara Funeral Chapel
- 2012-09-08 [Two Niagara County credit unions plan merger - Niagara Frontier Publications](https://news.google.com/rss/articles/CBMirgFBVV95cUxPRjh6bEY4Q0ZGYndpQkNROC05X1NaVjVZdHFUZmwzOVQzeHlYb2xCLTFzNXVobzdwOS1XWmxobVE2ajJRMXRvZ2FYZjI5RVVZX2hzeXZSZmNQb2p1Zkh6S19GUmlqSFhKTnFSdzZHRmtqdl84M2M4QVZIT1d1c1QtQTJVLW9sUVZNcG5sWC14WG5ONm9aZjAyN2RnVjVLV3FEVXBUOXVEYzVyVDNrOVE?oc=5) · Niagara Frontier Publications
- 2023-07-13 [Upstate and Western New York Fishing Report- July 13, 2023 - On The Water](https://news.google.com/rss/articles/CBMipgFBVV95cUxPcGVBdHljX2VuazRsbHZZdERSRG5PT2pfelhoS21Gb0g4UjRWTHozTHRscnZJdzF0WUpJZzFRVnZTWkR2M0lSUVZ1TEJ6dk9NNUpYaXBoMWd1WnNJYWxKbVZVLVNkRDZfRjlrZ2FkRGV2NFVudmtZMjZNU1o3OVRBZjU1SUhibEFDRVVYZTlOWFpvM3djYnRWMlV0ZW5ZUlR4cERKUE53?oc=5) · On The Water
- 2018-08-17 [Ad campaign part of growth strategy for Niagara's Choice FCU - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxORmEzc2hVV3JpRW05eTRPaEZTY1dtaWhodXlGVVlJVXhnODE1REZ3dEZHQ0oxNXVxeW5rTlhxbWFNaWNoUFNXdGRoZDBfdWZDWE1Tbk42WjNDRUtDc2I1N0ZRc1BfMVpPUjBwYTZDNE5CU3NHNXZDbWJVc2pEWkZuVUhCVFppSGx4aWhLZ2FDdklBSy1CQ3cwX0hueEw1TDRZOXVTV25PNm4?oc=5) · The Business Journals
- 2024-11-21 [Niagara Falls buys Rapids Theatre out of foreclosure, nears deal for 38 other properties - WGRZ](https://news.google.com/rss/articles/CBMitgJBVV95cUxOel9RdWt0NWRSYk05SXNJd1ljeHhIRlFvMDlZS2hsanRieHB5cXp0MndmZWM2Rk1xRlN0R1hJLWdIam5lbTVROFZyX3d1S0ZXSUtHcmlVck9TQ1JxSFB2WnNkWEJpQV93c0RiTjRpd1M0T25KTHZTRE01T1BpVGFjdWVxXzhEajVXUTdGR0hVUUgtZFUxTXZCUlptRllKVnJrYTFxNWhuck52elFETWtqbWJLQmNib3pSRTM2VHNKdWJ2M0VTdnZQemFnbC00Z2wzT2J4MEZsRUE5U244RWl3azZsWkJEWTJTYXRTTHhJWVNyRElCMVhrcHhibmF3VGc2M3pDWW82TzdjbHJ5ZnJSS2tsTW05VUpRYXZYVkJPQUdSekNkUU0wYV9XOUh6aTY3OUY2VnRn?oc=5) · WGRZ
- 2026-06-18 ['Food Truck Thursdays' debut in Niagara Falls - Niagara Frontier Publications](https://news.google.com/rss/articles/CBMirAFBVV95cUxPdVJuMWtVVG1iM09mLXpMQURXV1B3WmJ1b09zX0hHWE5mempYblRCdGpZWFBveW5BTk9ZNE1qZmt2NkNNMVdxUm90elhfVUs5M2dVaXlQcC16NnpPZzJUWWtzRVotWXJlSk9mZXFOMnpULU1SVFZnMzRyTEZrMWVJZlQ3RHdpclI5ZDNPRUJNdzUxdDlaV3dMWjhabmVNMzFOM1VIblRuZHJ3Q2M1?oc=5) · Niagara Frontier Publications
- 2023-08-22 [Merger proposed between two Erie County credit unions - Buffalo Business First - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxOdVlQTXVrRjVlRHFwZmhSM3JmN3JwR0pESDlTWDRoU0pWUkZBWEZaZlRPVXJ6TTJSYnVRMW8wc0wwQU1zWHZSN3laejBxXzZDZDlYTnJmNmFDZmd6YmhGSmsySVp5NVBnaGV4dHhzUlBObXlBN01pYmtPeHhzelVoS1Z1RXQ0bURnenJOTnpRaXFHa0Y5V2trS2tUaGtUeXBVT05fRWJINA?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8693 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/53.json (key "8693", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=8693
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide